• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Techseniors

Startups serving senior market see big opportunities, challenges ahead

By
Christina Hernandez Sherwood
Christina Hernandez Sherwood
Down Arrow Button Icon
By
Christina Hernandez Sherwood
Christina Hernandez Sherwood
Down Arrow Button Icon
October 20, 2015, 7:30 AM ET
Elderly Care
A senior couple can be seen dancing in this file photo.Photograph by Jason Sanqui — Getty Images

The average age of the Breezie customer is 86, says Jeh Kazimi, founder and CEO of a British company that provides a simplified tablet interface for older adults. Meanwhile, “the average age of my team is about 28,” he explains. It’s just one of the unusual situations entrepreneurs who create products for seniors must navigate.

Breezie strips tablet applications down to their most basic form— Skype, for instance, could be accessed by simply tapping a loved one’s photo and saying “video call” into the device’s microphone—so they’re easier to use and manage. The company’s 28th iteration of its popular tablet software hits the U.S. this month, says Kazimi.

“We have spent tons and tons of our time working with seniors, understanding what they want,” he says. “There’s a lot of learning that goes into that.”

Crossing the multi-generational divide between a young startup team and their (much) older customers is one of several unique challenges faced by companies that cater to older adults. Other difficulties can include marketing products aimed at seniors who don’t see themselves as old.

“We’re sitting in this Ivory Tower and we’re deciding what seniors can and cannot do,” Kazimi says. “You cannot say what a senior can and cannot do.”

Startups willing to face these challenges will find a market ripe for this type of innovation, says Lisa Gundry, director of the Center for Creativity and Innovation at DePaul University. “It’s really worthwhile to look toward the senior market,” she says. “It’s a market that’s ready and waiting for innovative products and services. And it’s willing to pay for it.”

Despite the economic downturn, Gundry says, many older adults have a significant stash of disposable income. In fact, according to a report by Nielsen it’s estimated that baby boomers will control about 70% of the disposable income in the U.S by 2017. “There are huge opportunities out there,” Gundry says.

There’s plenty of room in the market for innovative startups to develop products and services for older adults that go beyond tech gadgets or health and safety tools, Gundry says. “Seniors, and in particular baby boomers, lead very active and vibrant lifestyles,” she says. “They’re not necessarily waiting for the next version of Life Alert.”

That’s true, says Geoff Gross, founder and CEO of the Philadelphia-based Medical Guardian, which sells medical alert systems. And it’s why his company’s marketing message focuses on independence. “With our particular product, the largest challenge probably is perception of these systems,” Gross says. “Our clients don’t want to be old.”

The company’s spokeswoman is Florence Henderson, who is best known for her role as the mom on “The Brady Bunch.” Henderson, who still travels the country at 81, lives alone and has a Medical Guardian unit, Gross says. “She’s not in bad shape,” he says, “but she is our client and we wanted to get that across to people.”

Reaching older adults through advertising can be tough for startups, which sometimes rely heavily on social media over more costly marketing. “When it comes to advertising,” says Kazimi of Breezie, “we’ve relied a lot on print.”

But startups shouldn’t discount the power of word-of-mouth marketing among older adults. “They talk a lot,” Kazimi says. “And the recommendations carry 45 years of friendship behind them.”

Sign up for Data Sheet, Fortune’s daily newsletter about the business of technology.

For more on baby boomers and technology, check out the following Fortune video:


About the Author
By Christina Hernandez Sherwood
See full bioRight Arrow Button Icon

Latest in Tech

Big TechSpotify
Spotify users lamented Wrapped in 2024. This year, the company brought back an old favorite and made it less about AI
By Dave Lozo and Morning BrewDecember 4, 2025
8 hours ago
InnovationVenture Capital
This Khosla Ventures–backed startup is using AI to personalize cancer care
By Allie GarfinkleDecember 4, 2025
12 hours ago
AIEye on AI
Companies are increasingly falling victim to AI impersonation scams. This startup just raised $28M to stop deepfakes in real time
By Sharon GoldmanDecember 4, 2025
12 hours ago
Jensen Huang
SuccessBillionaires
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant ‘state of anxiety’ out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
12 hours ago
Ted Pick
BankingData centers
Morgan Stanley considers offloading some of its data-center exposure
By Esteban Duarte, Paula Seligson, Davide Scigliuzzo and BloombergDecember 4, 2025
12 hours ago
Zuckerberg
EnergyMeta
Meta’s Zuckerberg plans deep cuts for metaverse efforts
By Kurt Wagner and BloombergDecember 4, 2025
13 hours ago

Most Popular

placeholder alt text
Economy
Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
17 hours ago
placeholder alt text
Success
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
13 hours ago
placeholder alt text
North America
Jeff Bezos and Lauren Sánchez Bezos commit $102.5 million to organizations combating homelessness across the U.S.: ‘This is just the beginning’
By Sydney LakeDecember 2, 2025
3 days ago
placeholder alt text
Success
Nearly 4 million new manufacturing jobs are coming to America as boomers retire—but it's the one trade job Gen Z doesn't want
By Emma BurleighDecember 4, 2025
13 hours ago
placeholder alt text
Success
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant 'state of anxiety' out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
12 hours ago
placeholder alt text
Health
Bill Gates decries ‘significant reversal in child deaths’ as nearly 5 million kids will die before they turn 5 this year
By Nick LichtenbergDecember 4, 2025
1 day ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.